There Are Two Kinds of Bill of Lading

question 12

Multiple Choice

There are two kinds of bill of lading.While one is a straight bill of lading,the other one is:

• A) bill of sale.
• B) flexible bill of lading.
• C) order bill of lading.
• D) bill of acknowledgement.

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Definitions:

Fair-Value Hedge

A hedge of the exposure to changes in fair value of an asset or liability or an identified portion of such an asset or liability that is attributable to a particular risk.

Exchange Gain

A profit arising from changes in foreign exchange rates that benefit the value of a company's foreign currency denominated assets or liabilities.

April 30 Year-End

A fiscal year or financial reporting period that concludes on April 30th, often used by companies or organizations for tax or reporting purposes.

Cash-Flow Hedge

A financial strategy used to manage risks associated with the fluctuations in cash flows due to changes in exchange rates, interest rates, or commodity prices.